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BUDAPEST - Business Traveller

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AIR BALTIC / DEJAN GOSPODAREK<br />

AIRLINES<br />

48 | LIPIEC JULY / AUGUST / SIERPIEŃ 2010 2010<br />

Air Baltic offers more and more destinations.<br />

The Latvian air carrier has been building<br />

its position for almost 15 years.<br />

� The aircraft<br />

with the characteristic<br />

yellow<br />

tail are a common<br />

sight on the grounds<br />

of Riga International Airport. As of<br />

present, the airline’s fl eet comprises<br />

31 aircraft. The number of passengers<br />

served by Air Baltic exceeds 2.5 million a<br />

year. The airline is thriving.<br />

The decision to create Air Baltic joint venture<br />

whose aim was to establish an airline, was<br />

made in 1995. In August that year, all necessary documents<br />

were signed and the fi rst Air Baltic’s plane<br />

took off in October. Initially, the company was coowned<br />

by Scandinavian Airlines, the Latvian<br />

state (the major shareholder), and various<br />

funds and corporations from<br />

Danemark, Sweden and<br />

the USA. The first<br />

Air Baltic’s air-

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